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Derek-

Just getting LP’d on convex?

#cryptocurrency #english #frax
0

1 ответов

7 просмотров
Sam-Kazemian ¤⛓️¤

Yes. When a user mints 1 frxETH by depositing 1 ETH, some of the ETH gets put to work as protocol owned liquidity through the Curve AMO rather than all of it being used to spin up validators. There’s literally nothing wrong with this since the ETH still fully backs frxETH and the CR remains at 100%. Jasper says some really stupid things, but this takes the cake for dumbest grievance. Like I said, it’s all a grift for him.

0
16.04.2023

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Frax Finance Frax Finance / Mikhail
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What happened with the frxUSD rename proposal?

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@samkazemian can you eli5 this for me? https://x.com/coordinatestuff/status/1791243948662370480?s=46&t=AI_Enk1lEAOTg0r4DErYFA

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Does RA FXS emissions update immediately? I could have sworn the WBTC/frxeth pool was higher yesterday. And lower the day before that.

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You are asking POL to mint/burn frax supply base on utility basically to control the rates. Isn’t that the definition of inorganic and manipulated?

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